Verizon EVP & Chief People Officer Christina Schelling Files Initial Form 3

Executive Summary

On November 3, 2026, Christina Schelling, Executive Vice President and Chief People Officer of Verizon Communications Inc. ($VZ), filed an initial Form 3 reporting beneficial ownership of securities as of November 1, 2026.

Reported Holdings

Ms. Schelling does not directly hold any common shares at this time. Her holdings consist entirely of unvested Restricted Stock Units (RSUs), totaling 106,980 underlying shares of Common Stock, categorized as follows:

1. 2024 Award: 6,468 RSUs (vesting March 1, 2027)
2. 2024 Promotional Award: 1,851 RSUs (vesting in two equal installments on January 2, 2027 and January 2, 2028)
3. 2025 Chairman's Award: 21,503 RSUs (vesting January 8, 2028)
4. 2025 Award: 13,900 RSUs (vesting in two equal installments on March 1, 2027 and March 1, 2028)
5. 2026 Award: 18,975 RSUs (vesting in three equal annual installments starting March 1, 2027)
6. 2026 Chairman's Award: 44,283 RSUs (vesting June 17, 2028)

Market & Trading Significance

• Significance: Low
• Context: Form 3 filings are administrative in nature, establishing the baseline ownership of newly appointed Section 16 reporting officers. Because this filing reports historical equity incentive awards rather than an open-market transaction, it carries neutral market signaling implications.